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They actually made 100M in a single quarter recently, and not a year. Source: https://www.sfexaminer.com/news/reddit-raises-410-million-in-new-funding/ https://
by PhoenixReborn 5y ago
They actually made 100M in a single quarter recently, and not a year. Source: https://www.sfexaminer.com/news/reddit-raises-410-million-in-new-funding/ https://www.sfexaminer.com/news/reddit-raises-410-million-in...
So let's say their annual revenue is 3-4x since ad spend is usually weighted heavily towards Q4. At 300-400M per year and growing that's actually pretty solid.